Standard Chartered – Business Installment Loan
Interest Rate
4.84% flat (4.80 – 7.80%)
Loan Amount
RM100,000 to RM2,000,000
Loan Tenure
5 to 7 years
Fees & Charges
| Stamp Duty | 0.50% |
| Lawyer Fee | No |
| Processing Fee | 1% |
Requirements
| Minimum Annual Sales | RM2,000,000 |
| Years of Business | 3 years |
| Malaysia Ownership | 51% Malaysian |
| Business Category | Sole-Prop / Sdn Bhd / Partnership / Berhad |
| Collateral | No |
Remarks
If sole-proprietor scoring pass can apply but maximum is RM250,000.
